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Bringing you news and commentary on solutions and strategies for protecting critical IT infrastructure in the context of your business.

Some Identities Are Worth More Than Others

Posted September 23, 2011    Peter McCalister

We may be all created equal, but some identities are worth more than others. I’m not just talking about Mark Zuckerberg or Bill Gates being worth more than the average Mark or Bill working across the hall from you. It turns out that identity thieves target patient health information more than standard social security identities for good reason.

Yep, your medical identity is worth 50 times that of your social security number.

According to a recent AHIMA article titled Mitigating Medical Identity Theft, “Medical identity theft is a lucrative form of identity theft. A stolen Social Security number has an estimated street value of $1 per identity; the price of stolen medical identity information averages a much higher street value, at an average of $50 per identity.” The article goes on to say ”
The primary victim of medical identity theft is usually an individual—a patient, potential patient, health plan member, or healthcare consumer. Individuals who are particularly vulnerable include those with developmental or intellectual disabilities, minors, newborns, the elderly, and persons whose information may be included on public registries (e.g., cancer registry). Thieves often target the recently deceased.
Secondary victims include, but are not limited to, parties who generate, manage, use, or transfer individually identifiable health information. Examples include healthcare providers, health plans, and society as a whole.”

Rick Kam over at ID Experts also reported on this in his blog and made a number of suggestion on how to protect yourself that all center around implementing a least privilege solution and protecting your vital information assets from insider threats as well as those outsiders like Identy Thief Irene who will hijack insider privileges inorder to steal other identities.

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Why big data breaches won’t always be so easy

Posted September 19, 2014    Byron Acohido

This blog post is republished with the permission of ThirdCertainty. See the original post here. – By: Byron Acohido, Editor-In-Chief, ThirdCertainty Some day, perhaps fairly soon, it will be much more difficult for data thieves to pull off capers like the headline-grabbing hacks of Home Depot and Target. That’s not a pipe dream. It’s the projected outcome…

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8 Reasons Your Privileged Password Management Solution Will Fail

Posted September 18, 2014    Chris Burd

Leveraging complex, frequently updated passwords is a basic security best practice for protecting privileged accounts in your organization. But if passwords are such a no-brainer, why do two out of three data breaches tie back to poor password management? The fact is that not all privileged password management strategies are created equal, so it’s critical…

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You Change Your Oil Regularly; Why Not Your Passwords?

Posted September 11, 2014    Chris Burd

There are many things in life that get changed regularly:  your car oil, toothbrush and hopefully, your bed sheets.  It’s rare that you give these things much thought – even when you forget to change them. But what if you’re forgetting something that can cost you millions of dollars if left unchanged for long periods…

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